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Organizing tool for local chapters wins Coulter IDEApitch, the next-to-last event of New Orleans Entrepreneur Week

ChapterSpot founders after winning the Coulter IDEApitch.JPG

Brendan Finke and Joe McMenemon, who founded ChapterSpot, a service for organizations to track their membership and finances, won the Coulter IDEApitch at New Orleans Entrepreneur Week 2013, giving them travel and access to venture investors.
(Photo by Mark Waller, NOLA.com | The Times-Picayune)

A week-long festival of
business pitch contests edged closer to completion on Friday when judges and
the audience selected ChapterSpot, a service that helps local branches of
organizations track their membership and finances, as the winner of the Coulter IDEApitch at
Manning's restaurant. That was the next-to-last contest of New Orleans
Entrepreneur Week 2013, which reaches its finale with the Big Idea pitch on
Fulton Street between 5 p.m. to 8 p.m.

The Coulter IDEApitch,
created by TPG Capital investment firm founder, San Francisco resident and New
Orleans booster Jim Coulter, who spoke Thursday at the conference, will pay for
the founders of ChapterSpot to travel to San Francisco and meet potential
investors.

Brendan Finke and Joe
McMenemon unveiled ChapterSpot in 2010 and have enrolled 3,000 chapters of
college fraternities and sororities at 350 universities. ChapterSpot helps the
groups track membership, collect dues, communicate with members and manage
accreditation processes.

"It's a huge
opportunity," in the realm of seeking backing to expand the firm, Finke said
about winning the Coulter IDEApitch and with it access to venture capital
firms. "We're going to be making a trip to San Francisco, talking to different
VCs in the area."